PlayStation Acquires Jade Raymond’s Haven Studios
Sony Interactive Entertainment has acquired Haven Entertainment Studios Inc., Jade Raymond’s new studio that was founded just one year ago.
This studio will also be the first PlayStation first party studio based in Canada and will continue to be led by Raymond, who founded Ubisoft Toronto and Motive Studios (EA) and is one of the primary creatives behind the Assassin’s Creed franchise. Haven’s first project is currently in development and is a “new live service experience for PlayStation built upon a systemic and evolving world focused on delivering freedom, thrill, and playfulness.”
“Haven Studios is an emerging studio with an exceptional team of talent, and we’re delighted to welcome them into PlayStation as our first game development studio in Canada,” SIE president and CEO Jim Ryan said. “The studio’s focus on creating an original AAA multiplayer game will not only flex the power of PlayStation 5 but will further expand upon the diverse catalog of gaming experiences that can only be found on PlayStation.”
Haven houses more than 60 employees and it’s still growing, according to a press release. It is the 18th studio to join the PlayStation Studios family and despite the acquisition, the day-to-day operations will continue to be run by the management team already in place at the studio, in close collaboration with PlayStation Studios’ leadership team. Due to “contractual commitments,” the terms of this transaction, such as the cost, have not been disclosed so the price SIE paid for Haven is unknown at this time.
“Joining PlayStation Studios provides Haven with the creative freedom and unparalleled support to focus on building the highest quality games,” Raymond, who is Haven’s CEO and founder, writes in a press
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